Vertiv (NYSE:VRT) Releases Quarterly Earnings Results, Beats Estimates By $0.15 EPS

Vertiv (NYSE:VRT - Get Free Report) issued its quarterly earnings data on Wednesday. The company reported $0.99 EPS for the quarter, topping the consensus estimate of $0.84 by $0.15, RTT News reports. Vertiv had a return on equity of 55.33% and a net margin of 7.72%. During the same period in the prior year, the firm earned $0.56 earnings per share. Vertiv updated its Q1 2025 guidance to 0.570-0.630 EPS and its FY 2025 guidance to 3.500-3.600 EPS.

Vertiv Price Performance

NYSE:VRT traded down $1.10 during trading hours on Friday, hitting $108.18. 7,151,695 shares of the company's stock traded hands, compared to its average volume of 10,545,410. The firm has a market cap of $40.60 billion, a P/E ratio of 72.12, a P/E/G ratio of 0.94 and a beta of 1.64. Vertiv has a 52 week low of $55.00 and a 52 week high of $155.84. The business's fifty day simple moving average is $122.86 and its two-hundred day simple moving average is $108.33. The company has a quick ratio of 1.02, a current ratio of 1.38 and a debt-to-equity ratio of 1.60.

Vertiv Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, December 19th. Investors of record on Tuesday, December 3rd were paid a dividend of $0.0375 per share. This is a positive change from Vertiv's previous quarterly dividend of $0.03. The ex-dividend date was Tuesday, December 3rd. This represents a $0.15 annualized dividend and a yield of 0.14%. Vertiv's dividend payout ratio (DPR) is currently 6.67%.

Wall Street Analysts Forecast Growth

VRT has been the subject of several analyst reports. JPMorgan Chase & Co. increased their price objective on Vertiv from $124.00 to $132.00 and gave the stock an "overweight" rating in a research note on Tuesday, November 19th. Morgan Stanley began coverage on Vertiv in a research report on Monday, January 6th. They set an "overweight" rating and a $150.00 price target for the company. Evercore ISI reduced their price objective on Vertiv from $150.00 to $145.00 and set an "outperform" rating for the company in a report on Friday, January 17th. Bank of America increased their price objective on Vertiv from $130.00 to $140.00 and gave the company a "buy" rating in a report on Thursday, October 24th. Finally, Mizuho increased their price objective on Vertiv from $125.00 to $145.00 and gave the company an "outperform" rating in a report on Tuesday, November 19th. Four research analysts have rated the stock with a hold rating and eleven have issued a buy rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and a consensus price target of $138.57.

Insider Activity at Vertiv

In related news, EVP Stephen Liang sold 86,619 shares of Vertiv stock in a transaction on Tuesday, November 26th. The stock was sold at an average price of $131.07, for a total transaction of $11,353,152.33. Following the completion of the sale, the executive vice president now owns 19,551 shares of the company's stock, valued at approximately $2,562,549.57. This trade represents a 81.59 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Jakki L. Haussler sold 15,347 shares of Vertiv stock in a transaction on Wednesday, November 20th. The shares were sold at an average price of $137.38, for a total value of $2,108,370.86. Following the sale, the director now directly owns 3,425 shares of the company's stock, valued at $470,526.50. This represents a 81.75 % decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders sold 171,527 shares of company stock valued at $23,105,682. Company insiders own 5.01% of the company's stock.

About Vertiv

Vertiv Holdings Co, together with its subsidiaries, designs, manufactures, and services critical digital infrastructure technologies and life cycle services for data centers, communication networks, and commercial and industrial environments in the Americas, the Asia Pacific, Europe, the Middle East, and Africa.